SBA lending record
Mad Concepts, LLC
801 South College Avenue, Newark, DE 19713 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$150K
Total SBA financing
1
Loan on record
FY2023
On record
57
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Mad Concepts, LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$150,000 — FY2023
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/15/2023
- First disbursement
- 5/26/2023
- Days to fund
- 11 days
- Collateral
- None
- Sold on secondary market
- Yes
- Jobs supported
- 57
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- Northeast Bank
- Address
- 801 South College Avenue
- City
- Newark, 19713
- County
- New Castle
- SBA district office
- DELAWARE DISTRICT OFFICE
- Congressional district
- 0
The lender
Find SBA lenders for businesses like this
The banks most active funding full-service restaurants — by location, industry.
Similar businesses
Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Royal Kitchen Inc
New Castle, DE· ~10 mi
Full-Service Restaurants
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
P&G CONSULTING LLC
Wilmington, DE· ~7 mi
Full-Service Restaurants
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
Mr Pho
North East, MD· ~11 mi
Full-Service Restaurants
- $189K
- SBA financing
- ≈ $371K–$618K
- Est. revenue (rough)
1412 Associates Inc.
Wilmington, DE· ~12 mi
Full-Service Restaurants
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
Nawabs LLC DBA Nawab's Indian Cuisine
Wilmington, DE· ~7 mi
Full-Service Restaurants
- $260K
- SBA financing
- ≈ $510K–$850K
- Est. revenue (rough)
SB Munchiez
Middletown, DE· ~14 mi
Full-Service Restaurants
- $180K
- SBA financing
- ≈ $353K–$588K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Mad Concepts, LLC in Newark, DE (Full-Service Restaurants). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $150K
- On record FY2023
- 57 jobs supported
- Industry: Full-Service Restaurants
- Location: Newark, DE
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in DE for ~$150k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Mad Concepts, LLC.